Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Japanese information technology equipment manufacturer Epson will create around 150 new jobs in Latvia with the opening of its new regional office and European Business Services (EBS) centre in Rīga. According to Rīga Mayor Viesturs Kleinbergs, a large share of these positions will be filled by local talent, and the new centre is scheduled to open next April. The company has chosen Rīga after assessing cities across 18 countries and identified Latvia’s workforce qualifications, language skills, cost structure, and stability as decisive strengths.
Epson plans to invest EUR 6 million in the new office which will serve as a key operational hub within Europe. The company emphasises that this investment represents a significant contribution to Latvia’s business environment and reflects a commitment to establishing a long-term presence in the country. Prime Minister Evika Siliņa welcomed the announcement, noting that such investments strengthen the national economy, create high-quality jobs, and support the development of export-oriented services.
Epson Europe COO Rob Clark highlighted that strong support from the Latvian government contributed to the final decision, and described the centre as being built around collaboration, diversity, equality, and employee development. Clark underscored Epson’s intention to support local talent and foster innovation as it expands its operations in Latvia.
Eurofound (2025), Epson , Business expansion in Latvia, factsheet number 203843, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203843.
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